{"id":22381,"date":"2013-11-20T19:13:17","date_gmt":"2013-11-21T00:13:17","guid":{"rendered":"https:\/\/biznews.fiu.edu\/?p=22381"},"modified":"2017-06-21T12:54:34","modified_gmt":"2017-06-21T16:54:34","slug":"weekly-market-wrap-up-november-15-2013","status":"publish","type":"post","link":"https:\/\/biznews.fiu.edu\/2013\/11\/weekly-market-wrap-up-november-15-2013\/","title":{"rendered":"Weekly Market Wrap Up, November 15, 2013"},"content":{"rendered":"<p><strong>Weekly Information Center<\/strong><\/p>\n<p><a href=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-11.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22382\" title=\"11082013-1\" src=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-11.jpg\" alt=\"\" width=\"843\" height=\"513\" srcset=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-11.jpg 843w, https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-11-300x182.jpg 300w\" sizes=\"(max-width: 843px) 100vw, 843px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Market Insight<\/strong><\/p>\n<p>The Dow Jones Industrial Average and the S&amp;P 500 hit new highs on Friday, marking a sixth consecutive week of gains ending on 15,961.70 and 1,798.18 respectively. Furthermore, the S&amp;P 500 Information Technology sector has shown robust growth, with returns of 48.33% year-to-date and 54.27% year-over-year. Additionally, the strong rally in U.S equities suggests a strong investor sentiment, which will remain high if the Federal Reserve decides to delay its asset-purchase policy. The economy showed improvement in unemployment, with initial claims decreasing to 339,000. However, the economic indicators for the week point to lower than expected readings, which may have been offset by the government shutdown earlier this quarter.<\/p>\n<p><strong><br \/>\nWeekly Review<\/strong><\/p>\n<ul>\n<li>Initial jobless claims decreased from 341K to 339K<\/li>\n<li>Productivity and costs index for Q3 increased to 1.9%, from previous reading of 1.8% in the prior quarter<\/li>\n<li>Industrial production decreased by .1% from .7% in Q2<\/li>\n<li>Wholesale inventories increased modestly by .4%<\/li>\n<li>The treasury budget decreased by-$91 billion, leading the trade balance deficit to expand to -$41.8 billion<\/li>\n<\/ul>\n<p>What to look for next Week<\/p>\n<ul>\n<li>CPI<\/li>\n<li>Retail sales<\/li>\n<li>Existing home sales<\/li>\n<li>Leading Indicators<\/li>\n<li>Federal Reserve quantitative easing<\/li>\n<\/ul>\n<p><strong><br \/>\nSector Performance<\/strong><\/p>\n<p><a href=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-21.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22383\" title=\"11082013-2\" src=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-21.jpg\" alt=\"\" width=\"835\" height=\"425\" srcset=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-21.jpg 835w, https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-21-300x152.jpg 300w\" sizes=\"(max-width: 835px) 100vw, 835px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-31.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22384\" title=\"11082013-3\" src=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-31.jpg\" alt=\"\" width=\"856\" height=\"445\" srcset=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-31.jpg 856w, https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-31-300x155.jpg 300w\" sizes=\"(max-width: 856px) 100vw, 856px\" \/><\/a><\/p>\n<p><strong>Style Returns<\/strong><\/p>\n<p><a href=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-41.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-22385\" title=\"11082013-4\" src=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-41.jpg\" alt=\"\" width=\"481\" height=\"325\" srcset=\"https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-41.jpg 481w, https:\/\/biznews.fiu.edu\/wp-content\/uploads\/2013\/11\/11082013-41-300x202.jpg 300w\" sizes=\"(max-width: 481px) 100vw, 481px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><em>Article submitted by: J. Camilo Parra\u00a0of the Capital Markets Lab (CML). To learn more about the Capital Markets Lab (CML) please visit <a href=\"https:\/\/business.fiu.edu\/capital-markets-lab\/\">https:\/\/business.fiu.edu\/capital-markets-lab\/<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weekly Information Center &nbsp; Market Insight The Dow Jones Industrial Average and the S&amp;P 500 hit new highs on Friday, marking a sixth consecutive week of gains ending on 15,961.70 and 1,798.18 respectively. Furthermore, the S&amp;P 500 Information Technology sector has shown robust growth, with returns of 48.33% year-to-date and 54.27% year-over-year. Additionally, the strong [&hellip;]<\/p>\n","protected":false},"author":70,"featured_media":22121,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10,3505],"tags":[311,458,2663,2893],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/22381"}],"collection":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/comments?post=22381"}],"version-history":[{"count":5,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/22381\/revisions"}],"predecessor-version":[{"id":28365,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/posts\/22381\/revisions\/28365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media\/22121"}],"wp:attachment":[{"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/media?parent=22381"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/categories?post=22381"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biznews.fiu.edu\/wp-json\/wp\/v2\/tags?post=22381"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}